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Recently, the Crypto Assets market has experienced some Fluctuation, attracting the attention and discussion of investors.
The brief rise in Bitcoin prices has made some people overly optimistic, believing that a bull market is imminent. However, this judgment may be premature. We need to be cautious about short-term price fluctuations and not equate them with changes in long-term trends.
The current geopolitical situation remains tense. Although there is a ceasefire on the surface, it does not mean that the conflict has ended. War could break out again at any time, and this uncertainty will also affect the Crypto Assets market.
After the price of Bitcoin fell below the $100,000 mark, this price point has changed from a support level to a resistance level. This means that it may be relatively difficult to regain this level in the short term.
The price fluctuation of Ethereum is also being closely followed. Some analysts believe it might drop to around $18,000. However, this is just a prediction, and the actual trend needs further observation.
Overall, the current market environment is complex and volatile, and investors need to remain calm and rational, make prudent decisions, and manage risks effectively.